Guaranteed Issue Life Insurance
Strong protection with no medical questions when you apply
- Coverage up to $25,000: Choose the amount that’s right for you and your family, in $5,000 increments.
- Eligibility: Must be between ages 40 and 75 inclusive and a Canadian resident.
- Guaranteed acceptance: No medical questionnaire required at time of application. Acceptance is guaranteed once payment is received.
- Rates will never increase: Once coverage is approved you’ll pay the same rates until age 95. At age 95, you’ll no longer pay premiums, but your coverage remains in place.
- Living Benefit included at no extra cost: If you are diagnosed with a terminal illness with less than 12 months to live, you can apply for a tax-free cash advance of up to 50% of your coverage.
- Accidental Death Benefit included at no extra cost: Your beneficiaries will receive 5 times your coverage amount if you die as a result of an accident before age 85.
- Coverage cannot be cancelled: We will not cancel your coverage for any reason, including changes in your health or occupation, as long as your premiums are paid. Of course, you can choose to cancel this protection at any time.
- 30-day satisfaction guarantee: Once you receive your Policy, examine it carefully. If you decide that you are not completely satisfied, simply return your Policy to Manulife within 30 days of receipt to have your coverage cancelled and your premiums refunded in full – no questions asked!